Trump's Man Steve Mnuchin; Wall Street, Hollywood and Now Treasury?

[Geee]

Fox News:

Former Goldman Sachs executive and Hollywood producer Steve Mnuchin, expected to be nominated as the next Treasury Secretary by President-elect Donald Trump, is a Yale graduate who previously served as Trump’s campaign finance chief while also dabbling in acting.

 

Along with those career milestones he ran a hedge fun and had been a frontrunner for what is one of the new president’s top cabinet positions.

Along with his deep background in finance, Mnuchin has produced such films as “American Sniper” and “Batman vs. Superman,” according to IMDB. He also acts recently playing the role of a Merrill Lynch executive in “Rules Don't Apply.” The film, directed by Warren Beatty, tells the story of two employees who work for eccentric billionaire Howard Hughes.

At 54 years old, Mnuchin’s net worth is estimated to be around $40 million, much of which was earned during his partner years at Goldman Sachs (GS). Prior to getting involved in politics, he was a fixture on New York’s society set frequenting galas and serving on boards, including the Whitney Museum of American Art, as reported by the Wall Street Journal.

[Draggingtree]

Is Steve Mnuchin Just Another Wall Street Banker?

2 hours agoTho Bishop

After weeks of speculation, Donald Trump has announced Steve Mnuchin as his nominee for Treasury Secretary. Though Mnuchin can currently be seen in movie theaters playing a banker in Warren Beatty’s new film Rules Don't Apply, he has a lower profile than most tapped to head the Treasury department. Probably to his credit, he has no experience with public policy and has made relatively few public statements on policy. Perhaps his best qualification for the position was that he was an early supporter of Trump’s campaign, serving as its fundraising director.

 

Though Mnuchin himself has said little, his resume does seem to contrast sharply with Trump’s populist campaign. Mnuchin, like his father before him, was a partner at Goldman Sachs before joining the world of hedge funds, including working as a portfolio manager for George Soros. He went on to start his own hedge fund, Dune Capital Management, and become a prominent Hollywood financier serving as executive producer for such hits as Avatar, Lego Movie, Mad Max: Fury Road as well as a number of superhero films. https://mises.org/blog/steve-mnuchin-just-another-wall-street-banker